Vancouver mayor proposes Bitcoin adoption to fight inflation
Mayor Ken Sim urges Vancouver to explore Bitcoin adoption, highlighting its potential to safeguard financial stability amid fiat inflation.This post was originally published on this site
Hoth Therapeutics allocates $1M to Bitcoin as treasury asset
Hoth Therapeutics allocates $1 million to Bitcoin, reflecting rising business adoption amid increasing attention on BTC’s inflation-resistant value.This post was originally published on this site
Crypto activity in 2024 surpasses 2021 peak, fueled by Bitcoin ETFs — Chainalysis
The launch of the Bitcoin ETF in the US triggered an increase in the total value of Bitcoin activity across all regions worldwide, according to Chainalysis.This post was originally published on this site
Low Investment Threshold, Greater Financial Control Lure Aussies to Crypto, Study Finds
The report indicates that Australia has a higher cryptocurrency adoption rate with one in every five current or past crypto holders. Key factors driving adoption include the relatively low investment threshold, greater financial control, and a perception of increased equality. However, barriers such as lack of knowledge and understanding hinder adoption. Aussies Embrace Alternative Investments […]
Rollups Are ‘Copies of the EVM,’ Not True Scaling Solutions, Says Developer
According to Adrian Brink, co-founder of Anoma and Namada, rollups offer little new functionality beyond the Ethereum Virtual Machine (EVM). He argues they are essentially execution-sharding solutions presented as true scaling solutions. Brink instead touts Plasma as the “only true scaling solution out there” because it enables constant data posting to the main chain “regardless […]
Study: 14% of ‘Early Adopter’ Kiwis Own Cryptocurrency; Majority Favor It Over Real Estate
At least 14% of New Zealanders surveyed said they have owned cryptocurrency or held digital assets in the past. The findings categorize New Zealanders as early adopters, indicating they were quick to recognize the potential of cryptocurrency. Survey data reveal that only 16% of respondents would invest in real estate, compared to 60% who plan […]
Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March
In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside on the Bitcoin blockchain, and 150 bitcoin worth $4.2 million have been added to fees. Bitcoin […]
12 Football Club Fan Tokens to Consider in 2022
Cryptocurrency has truly taken the world by storm as the currency of the future, significantly influencing many economic sectors beyond the global financial landscape where its impact is most dominant. The sport industry, particularly football, is not being left behind in the ongoing evolution, with several football clubs around the world now aboard the hype […]
Top 12 Most Friendly Countries for Crypto Investment
Cryptocurrency is the whale in the sea of today’s global finance, and there’s a reason why 300 million people own it. Notably, it has changed how we send and receive payments, providing lower transaction costs, making virtually instant payments, reducing risks, and offering an investment diversification portfolio for many users. One would be in denial […]
Report: Number of African Cryptocurrency Users up by Nearly 2,500%
The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021 and January 2022, while the average number of monthly transactions went up by 1,400%, a new report by Kucoin has said. Widespread Adoption of Cryptocurrencies According to a new report by crypto exchange Kucoin, the number of cryptocurrency users in Africa […]